Paragraph matches

First paragraph6 words

Bodily Injury or Death

1. No upper limit for compensation.

13.5%

Second paragraph42 words

How Does Third Party Car Insurance Work During a Claim?

2. The third party can lodge a police complaint against you, after which the case is referred to the Motor Accidents Claims Tribunal (MACT). 3. The MACT assesses the claims and determines the financial liability that you face for causing the loss.

First paragraph26 words

Property Damage

1. The maximum compensation limit is up to ₹7.5 lakhs, as per regulatory norms. 2. It covers damages to another vehicle, building and public property.

7.0%

Second paragraph42 words

How Does Third Party Car Insurance Work During a Claim?

2. The third party can lodge a police complaint against you, after which the case is referred to the Motor Accidents Claims Tribunal (MACT). 3. The MACT assesses the claims and determines the financial liability that you face for causing the loss.

First paragraph31 words

What is the Claim Process for Third Party Car Insurance?

2. Submit copies of the driving licence, RC book, FIR and Insurance policy. 3. The victim or their family members may file a claim with the Motor Accident Claims Tribunal (MACT).

6.5%

Second paragraph42 words

How Does Third Party Car Insurance Work During a Claim?

2. The third party can lodge a police complaint against you, after which the case is referred to the Motor Accidents Claims Tribunal (MACT). 3. The MACT assesses the claims and determines the financial liability that you face for causing the loss.

First paragraph34 words

What is the Claim Process for Third Party Car Insurance?

Key things to note: 1. This process applies only to third-party loss. 2. The insurer handles the legal defence costs. 3. Depending on the case's complexity, settlement can take several months or years.

5.9%

Second paragraph42 words

How Does Third Party Car Insurance Work During a Claim?

2. The third party can lodge a police complaint against you, after which the case is referred to the Motor Accidents Claims Tribunal (MACT). 3. The MACT assesses the claims and determines the financial liability that you face for causing the loss.

First paragraph27 words

What Happens in a Major Accident With Only Third Party Insurance?

3. MACT awards the compensation under the provisions of the Motor Vehicles Act, 1988. 4. The insurer will handle your legal representation and settlement. As for you:

3.7%

Second paragraph25 words

How Does Third Party Car Insurance Work During a Claim?

4. Once the MACT passes its ruling, the third-party car insurance plan pays the specified amount to the third party up to specified limits.

First paragraph27 words

What is the Claim Process for Third Party Car Insurance?

4. MACT will issue a notice to the vehicle owner, the insurance company, and the driver. The insurer will assign a legal representative to defend the case.

3.7%

Second paragraph25 words

How Does Third Party Car Insurance Work During a Claim?

4. Once the MACT passes its ruling, the third-party car insurance plan pays the specified amount to the third party up to specified limits.

First paragraph28 words

Bodily Injury or Death

2. The Motor Accident Claims Tribunal (MACT) determines the amount based on disability percentage, dependency and impact on livelihood. It can also run to several lakhs or crores.

3.6%

Second paragraph42 words

How Does Third Party Car Insurance Work During a Claim?

2. The third party can lodge a police complaint against you, after which the case is referred to the Motor Accidents Claims Tribunal (MACT). 3. The MACT assesses the claims and determines the financial liability that you face for causing the loss.

First paragraph37 words

What Happens in a Major Accident With Only Third Party Insurance?

Here's what happens: 1. The insurer will compensate the third party for death, injury and permanent disability. 2. If the injury is serious or fatal, the matter may be referred to the Motor Accident Claims Tribunal (MACT).

2.7%

Second paragraph42 words

How Does Third Party Car Insurance Work During a Claim?

2. The third party can lodge a police complaint against you, after which the case is referred to the Motor Accidents Claims Tribunal (MACT). 3. The MACT assesses the claims and determines the financial liability that you face for causing the loss.

First paragraph37 words

What is Covered by Third Party Insurance?

2. Compensation for legal defence costs, tribunal representation and court proceedings. (Note: Insurer will manage the settlement process and legal formalities) 3. Damage to another vehicle, public or private property. (Note: Maximum cap of ₹7.5 lakhs)

2.7%

Second paragraph42 words

How Does Third Party Car Insurance Work During a Claim?

2. The third party can lodge a police complaint against you, after which the case is referred to the Motor Accidents Claims Tribunal (MACT). 3. The MACT assesses the claims and determines the financial liability that you face for causing the loss.

First paragraph44 words

What is the Claim Process for Third Party Car Insurance?

The Motor Accident Claims Tribunal (MACT) often considers third-party claims under the Motor Vehicles Act, 1988. A legal process settles it. 1. As the policyholder, you must inform your car insurance company immediately and even lodge an FIR at the nearest police station.

1.8%

Second paragraph42 words

How Does Third Party Car Insurance Work During a Claim?

2. The third party can lodge a police complaint against you, after which the case is referred to the Motor Accidents Claims Tribunal (MACT). 3. The MACT assesses the claims and determines the financial liability that you face for causing the loss.